RBI Orders Banks to Return Property Documents within 30 Days of Loan Repayment or Face Rs 5000 Per Day Fine

The Reserve Bank of India (RBI) has issued a directive to banks and other financial institutions, requiring them to release all movable and immovable property documents within 30 days of the complete repayment of loans. The central bank has also stated that lenders will be obligated to compensate borrowers in the event of any delay

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

Related Articles

Latest Articles